Hess Midstream (HESM) Invested Capital (2018 - 2026)
Hess Midstream (HESM) posted Invested Capital of $4.2 billion for Q2 2026, up 1.2% on a QoQ basis from $4.2 billion in Q1 2026, and little changed year-over-year from $4.2 billion in Q2 2025.
Analysis
Hess Midstream (HESM) Invested Capital (2018 - 2026) Analysis & Trends
Hess Midstream has reported Invested Capital for 9 years, with the latest figure at $4.2 billion in Q2 2026.
- On a quarterly basis, Invested Capital changed 0.24% year-over-year to $4.2 billion in Q2 2026; TTM through Jun 2026 was $4.2 billion, a 0.24% change from a year earlier, with the FY2025 full-year figure at $4.3 billion, up 10.24% from the prior year.
- Invested Capital was $4.2 billion for Q2 2026 at Hess Midstream, up from $4.2 billion in the prior quarter.
- The five-year high for Invested Capital was $4.4 billion in Q3 2025, with the low at $3.3 billion in Q1 2022.
- Average Invested Capital over 5 years is $3.8 billion, with a median of $3.8 billion recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Invested Capital grew 11.08% in 2025, then rose 0.24% in 2026.
- Over 5 years, Invested Capital stood at $3.4 billion in 2022, then grew by 4.69% to $3.6 billion in 2023, then rose by 10.14% to $3.9 billion in 2024, then rose by 10.24% to $4.3 billion in 2025, then declined by 2.49% to $4.2 billion in 2026.
- The last three Invested Capital figures came in at $4.2 billion (Q2 2026), $4.2 billion (Q1 2026), and $4.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 65.13 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 65.24 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 118.95 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 55.20 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 23.37 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 39.89 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 57.54 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 130.30 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 18.26 Bn |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - | 4.23 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.23 Bn |
| Mar 31, 2026 | 4.18 Bn |
| Dec 31, 2025 | 4.34 Bn |
| Sep 30, 2025 | 4.37 Bn |
| Jun 30, 2025 | 4.22 Bn |
| Mar 31, 2025 | 4.08 Bn |
| Dec 31, 2024 | 3.94 Bn |
| Sep 30, 2024 | 3.93 Bn |
| Jun 30, 2024 | 3.86 Bn |
| Mar 31, 2024 | 3.71 Bn |
| Dec 31, 2023 | 3.57 Bn |
| Sep 30, 2023 | 3.59 Bn |
| Jun 30, 2023 | 3.50 Bn |
| Mar 31, 2023 | 3.44 Bn |
| Dec 31, 2022 | 3.41 Bn |
| Sep 30, 2022 | 3.45 Bn |
| Jun 30, 2022 | 3.45 Bn |
| Mar 31, 2022 | 3.35 Bn |
| Dec 31, 2021 | 3.33 Bn |
| Sep 30, 2021 | 3.30 Bn |